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Filing year 2024

VOLUNTEER ENERGY COOPERATIVE

Decatur, Tennessee·EIN 62-0395590·501(c)(12)
Total revenue
$314.8M
Total assets
$394.5M
Total expenses
$305M
Reported officers
22

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ce
Above 90th percentile
$429k
$455k
Base
$370k
Bonus
Other
$9k
Benefits
$18k
VP Accountin
Vice President
Above 90th percentile
$278k
$295k
Base
$190k
Bonus
Other
$765
Benefits
$18k
VP of Info.
Board Vice President
75th to 90th percentile
$259k
$275k
Base
$174k
Bonus
Other
$3k
Benefits
$18k
VP of Engine
Board Vice President
75th to 90th percentile
$248k
$263k
Base
$185k
Bonus
Other
$10k
Benefits
$18k
VP of System
Board Vice President
75th to 90th percentile
$226k
$239k
Base
$148k
Bonus
Other
$5k
Benefits
$18k
Lineman
Highest Compensated Employee
Median to 75th percentile
$226k
$239k
Base
$201k
Bonus
Other
$180
Benefits
$16k
Lineman
Highest Compensated Employee
Median to 75th percentile
$216k
$229k
Base
$191k
Bonus
Other
$108
Benefits
$16k
Substation F
Highest Compensated Employee
Median to 75th percentile
$202k
$215k
Base
$175k
Bonus
Other
$180
Benefits
$16k
Lineman
Highest Compensated Employee
Median to 75th percentile
$196k
$208k
Base
$171k
Bonus
Other
$144
Benefits
$16k
Lineman
Highest Compensated Employee
Median to 75th percentile
$186k
$198k
Base
$162k
Bonus
Other
$144
Benefits
$16k
Director
Board Member
Median to 75th percentile
$22k
$23k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$18k
$19k
Director
Board Member
Median to 75th percentile
$17k
$18k
Director
Board Member
Median to 75th percentile
$16k
$17k
Secretary/tr
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Vice-chairma
Officer (Unspecified)
$15k
$16k
Director
Board Member
25th percentile to median
$15k
$16k
Asst Sec/tre
Officer (Unspecified)
$15k
$16k
Chairman
Board Chair
25th percentile to median
$14k
$14k
Director
Board Member
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 3%
from 2023

From $417k in 2023 to $429k in 2024.

$417k
2023
$429k
2024
In today's dollarsEst.
Roughly flat in real terms$456k to $455k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 12%.

$417k in 2023 to $429k in 2024.
  • Vice President pay rose 27% from 2023 to 2024.
  • Board Vice President pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VOLUNTEER ENERGY COOPERATIVE reported revenue and expenses across 2 filing years.

RevenueExpenses
$282.1M
$278.9M
2023
$314.8M
$305M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VOLUNTEER ENERGY COOPERATIVE

What does the Chief Executive Officer of VOLUNTEER ENERGY COOPERATIVE earn?

In 2024, the Chief Executive Officer of VOLUNTEER ENERGY COOPERATIVE received $429,064 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VOLUNTEER ENERGY COOPERATIVE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at VOLUNTEER ENERGY COOPERATIVE falls in the top 10%.

What are VOLUNTEER ENERGY COOPERATIVE's revenue and expenses?

In 2024, VOLUNTEER ENERGY COOPERATIVE reported $314.8M in total revenue and $305M in total expenses on its IRS Form 990.

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